
Los Angeles, California 90041
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000, which is currently priced slightly above the $1,136,083 Fair Market Value. Featuring a Condition Rating of 5, this 1924 Fixer requires a comprehensive renovation to modernize its systems and layout. The property’s Multi-Unit Income Potential, including an ADU and detached studio, provides significant upside for rental yield. Located near Top-Rated Schools like Delevan Drive Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to maximize value through redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1913 Nolden Subject | $1,150,000* List Price | 2 | 1 | 1,378 | $806 | - |
A 1597 Fair Park Avenue Sold | $875,000 | 2 | 1 | 1,150 | $761 | 0.5 mi |
B 1541 Chickasaw Avenue Sold | $1,100,000 | 2 | 1 | 1,222 | $900 | 0.6 mi |
C 5172 Hartwick Street Active Under Contract | $1,195,000 List Price | 2 | 1 | 1,120 | $1,067 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 and explicitly marketed as a 'Fixer' needing renovation, this 100-year-old property requires a complete rehab of its likely original or severely outdated systems, kitchen, and bathrooms to meet modern standards.
Elementary School: Delevan Drive Elementary School (9/10).
The rare configuration of a main house plus an ADU and a detached studio provides exceptional flexibility for high rental yield or multi-generational living.
Situated on a desirable corner lot, the property offers expansive mountain and city light views, enhancing its aesthetic appeal and long-term value.
As a designated 'Fixer,' the property requires substantial capital investment and construction time to address necessary repairs and modernization.
The $1.15M list price represents a high entry point for a property needing total renovation, which may limit the profit margins for traditional investors.
**Charming 2-Bedroom, 1-Bath Home With ADU + Studio — 4 Beds, 3 Baths Total and Incredible Income Potential*Fixer * This rare corner-lot property offers stunning mountain and sky views, along with a peaceful side porch perfect for morning coffee or quiet relaxation. In addition to the main 2-bedroom, 1-bath home, the property includes both an ADU and a detached back studio—creating a total of **4 bedrooms and 3 bathrooms** or the opportunity for **excellent rental income**. The home does need renovation, making it an ideal opportunity for investors or buyers looking to customize their dream space. Properties like this are seldom available—don’t miss your chance to transform this unique gem.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,378 | 1,672 |
| Lot Size | 6,557 | 6,067 |
| Price | $1.15M | $1.37M |
| Price per sq ft | $835 | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 37 | 56 |
Jun 15, 2026
$1,150,000
Initial Listing
Nov 30, 2023
$809,000
Public Record